I have been here on steemit for almost a year now. When I joined steemit after an invite from a dear friend @apolymask, November 2016, the price of steem was 0.15 cents. I watched the price bounce between 0.15 - 0.25 cents for a few months untill it dropped all the way to a low of 0.07 cents in march of 2017. I watched it slowly dip climb (little up little down little up little down, in the ultimate upward direction) for several months untill May 2017 we saw it shoot over $1.00 and then over $2.50 in June. We have watched a steady dip decline from July to Current (3 month span) to be holding around the $1.00 again and now dipping just under. During the last 3 months gradual dips we have seen it spike several times over $1.50 again as well.
The price of steem is not stable. It shows great movement and also growth. The platform when I joined had under 100,000 users and today is closing in on half a million. There are thousands of motivated Steemit users creating great original content in just about every subject. There are developers always coming up with new engaging apps for the steem blockchain and genius tech heads sorting and easing problems on the growing platform that is still currently in Beta.
In recent days bitcoin the ruler of the cryptocurrency domain has shot over $6000.00. In 2009 bitcoin was released and I remember being interested in its concept when it was still under $10 dollars. Over the last near 9 years bitcoin has gone on some slow dip climb treks and also hit some major spike jumps carrying it to new levels of hold. The first few years of bitcoin where a progressing struggle but in the end it has prevailed to incredible heights. You have less people speculating the demise of bitcoin and more arguments on the potential price bitcoin WILL reach. Some of these experienced financial advisors, and new age developers have stated them seeing a price at over 1 million dollars a bitcoin.
A lot of people put a lot of hope in Steemit. The reason is because its a social media platform that pays you. You get paid to post, to upvote and to comment. You might not get paid to much, maybe a few cents, maybe a few dollars, and you have a good chance at some point with consistent quality subject content to receive possibly a few hundred dollars or more on one post. In any case these payout amount are more than anybody ever got posting on any other social media platform. It is a way for people to get into the cryptocurrency game and bitcoin without having to spend any money. The age of a rising digital currency has just begun, we are years away from it becoming a stabilized, globally excepted and used currency. But it IS already happening, it has begun and everything around points to an inevitable cryptocurrency world. It would take a mass event that wipes our electrical grids and take out our internet to stop this train. The birth of the internet has given rise for a birth of cryptocurrency. The world is changing in a dynamic way that will be hard to ignore in mainstream media or anywhere else much longer. Steemit has not exploded yet, with half a million users compared to 2 Billion on facebook and 330 million users on twitter, we have a ways to go, but we are going that direction. We are the first social media platform on the blockchain generating profit rewards for its content posters. These rewards can grow if held and put back into the platform in amazing ways. I watched my $700 dollar account when steem was at 0.07$ cents shoot to over 28,000.00 dollars when it spiked to over $2.50. It has dropped since our dip decline of course, but I feel beyond confident we will see those spikes again and we will go much further.
@ned recently announced his Smart Media Tokens, which will help to monetize existing sites and communities. It promotes with fee - less transactions and easy incorperation for blogs and websites. Why this is so incredibly and a stamp that ensures the ultimate life of steem is because you will now have other websites using steem as there currency. This will only fuel the price of steem and also encourage growth on thee steemit platform.
Things take time. There are bumps along any journey. Steemit has recently been dealing with some bug issues. We still have a hard time explaining to new users how the whole process works. Those who are diligent will prevail any difficulties and start to see a beautiful silver lining toward there efforts.
What I do when steemit is not working correctly? When DSound the main music app I use for uploading music to Steemit is down? When the price of steem is falling and my account is getting shrinking in value instead of growing? When I get a low payout? or hardly any votes? What do I do when this whole thing seems like its just not working out for me????? I pull my shit together and I fucking post!
Post as much quality original thought as you can my friends. Dont let a bug or being confused on something or a low payout keep you from whats ahead. Post even if your payout is ZERO ( Steemit did have a phase of that somewhere in the middle, no payouts where made and people still posted) SOLDIER it up! as a new friend here on steemit would say @meno ! Lets ninja this!
Steemit is currently reaching out for help from developers in fixing some of the current issues.
here is a great post with a charge to action for all those willing and able to get the steemit ship in tip top condition.
https://steemit.com/steemit/@intelliguy/steem-is-still-very-fragile-right-now-do-not-be-complacent-warning-to-everyone-about-outages
Much love to my Steemit Community
Your Musical Chameleon Life Ranter
Shavon Bonnie Legion AKA Sound Legion
www.soundlegionrecords.com *because I make incredible music with artists and producers from all over the globe
